Australian Property Market Update | July 2022 | The #PumpedOnProperty Show
Here we are again.
The average investor is scared after tech stocks declined by 50%, crypto declined by 80% and property in Sydney and Melbourne declined by 3%. As with the declines in 2018 and 2020, this time around is no different - sentiment has shifted and the government is playing around with monetary policy, this time to bring inflation back into a normal range.
While the news headlines are calling for a Walking Dead-style zombie apocalypse, smart investors are looking for value and fundamentals. In the current market, inflation is high, wages are increasing, rental returns are increasing, unemployment is low, vacancy rates are low and infrastructure spending, household savings and household equity are at record levels we believe it's only a matter of time before the tide returns (3 to 18 months) and confidence come back into the markets again.
The next year will represent an incredible opportunity for smart investors in strong financial positions.
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